A Retrospective Merger Analysis in the Long-Distance Bus Industry in France
In: Conference of the International Transportation Economics Association (ITEA) ; https://shs.hal.science/halshs-01839981 ; Conference of the International Transportation Economics Association (ITEA), Jun 2018, Hong Kong, China ; https://www.polyu.edu.hk/lms/itea2018/, 2018
Konferenz
Zugriff:
International audience ; This study estimates the price effects of horizontal mergers in the French long-distance bus industry. We examine two mergers that followed the 2015 deregulation Act of the Macron Law. Using a unique and exhaustive database, we identify price effects by comparing bus routes affected by mergers to unaffected routes using difference-in-difference estimations with propensity score matching. We find that the two mergers following industry deregulation seem to be associated with price increases and no efficiency gains. Those price increases are diminishing over time.
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A Retrospective Merger Analysis in the Long-Distance Bus Industry in France
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Autor/in / Beteiligte Person: | Blayac, Thierry ; Bougette, Patrice ; Université de Montpellier (UM) ; Centre d'Economie de l'Environnement - Montpellier - FRE2010 (CEE-M) ; Institut National de la Recherche Agronomique (INRA)-Université de Montpellier (UM)-Centre National de la Recherche Scientifique (CNRS)-Institut national d’études supérieures agronomiques de Montpellier (Montpellier SupAgro) ; Groupe de Recherche en Droit, Economie et Gestion (GREDEG) ; Université Nice Sophia Antipolis (1965 - 2019) (UNS)-Centre National de la Recherche Scientifique (CNRS)-Université Côte d'Azur (UniCA) ; SRM |
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Zeitschrift: | Conference of the International Transportation Economics Association (ITEA) ; https://shs.hal.science/halshs-01839981 ; Conference of the International Transportation Economics Association (ITEA), Jun 2018, Hong Kong, China ; https://www.polyu.edu.hk/lms/itea2018/, 2018 |
Veröffentlichung: | HAL CCSD, 2018 |
Medientyp: | Konferenz |
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